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HSBC

Sensex, Nifty go down as coronavirus fallout dents risk appetite

Markets

18 February, 2020

Sensex, Nifty go down as coronavirus fallout dents risk appetite

Indian shares fell on Tuesday, tracking losses in global peers after technology giant Apple and lender HSBC flagged business impact ......

HSBC to shed $100 bn in assets, slash 35,000 jobs over three years

Finance

18 February, 2020

HSBC to shed $100 bn in assets, slash 35,000 jobs over three years

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and ......

HSBC names new heads of investment banking division

Finance

09 December, 2019

HSBC names new heads of investment banking division

HSBC has named Georges Elhedery and Greg Guyett as co-heads of the global banking and markets division, which contains the ......

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

Finance

21 November, 2019

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......

Saudi Aramco kick-starts what could be world's biggest IPO

Infrastructure

04 November, 2019

Saudi Aramco kick-starts what could be world's biggest IPO

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float ......

HSBC may cut up to 10,000 jobs to slash costs

Finance

07 October, 2019

HSBC may cut up to 10,000 jobs to slash costs

HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce ......

Saudi Aramco hires nine banks for world's biggest IPO

Infrastructure

11 September, 2019

Saudi Aramco hires nine banks for world's biggest IPO

Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to ......

UBS to revamp investment bank in bid to lift flagging earnings

Finance

06 September, 2019

UBS to revamp investment bank in bid to lift flagging earnings

Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market ......

India valuations expensive, favour China as Fed rate cut looms: HSBC

Markets

11 July, 2019

India valuations expensive, favour China as Fed rate cut looms: HSBC

Analysts at HSBC have moved to endorse Chinese stocks and cooled on Indian shares, in a "less defensive" positioning ahead ......

StanChart loses senior private bankers in Asia as unit earnings sag

Finance

13 March, 2019

StanChart loses senior private bankers in Asia as unit earnings sag

Standard Chartered PLC has seen the departure of at least four senior Asia-based bankers from its private banking unit in ......